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Ford earns $2.6 billion in first quarter

Ford, helped by new models, rising U.S. sales, and a rebound in Europe, reported a first-quarter profit of $2.6 billion today. In the first quarter of 2010, Ford earned just over $2 billion.

Auctioneer Dean Kruse's money woes continue

Auburn, Ind., auctioneer Dean Kruse has been ordered by a local court to pay more than $1.3 million to an Indiana bank, and a leasing company has asked a federal judge to repossess Kruse's 1985 Cessna jet, which had been insured at $3.5 million. These two recent events are on top of several months' worth of financial woes for one of the classic-car world's best-known auctioneers. AutoWeek reported in August that people from across the country were complaining that they had not been paid for cars sold at various Kruse International auctions.

New Ford Edge Concept previews larger Ford SUV for Europe: Los Angeles Auto Show

New Ford Edge Concept previews larger Ford SUV for Europe Ford, just like all mainstream car makers, knows that the SUV and Crossover are fast becoming the transport of choice for families. So Ford has a plan to cover all the SUV bases with a range of new products that will sell in all Ford’s global markets. That includes the new Ford Kuga, the Fiesta-based Ford EcoSport and now this new Ford Edge which, although billed as a concept at the LA Auto Show, is very close to the new production Ford Edge that will be heading for sale in the UK and Europe late in 2014.